Markets in America mirrored a worldwide selloff Friday morning as the U.K.’s decision to leave the European Union fanned speculation that a divided Europe would hinder already fragile global growth.
Indianapolis will host the U.S. Conference of Mayors this weekend for the first time in the group’s 84-year history.
Indianapolis' gross metropolitan product was $130.8 billion in 2015, which ranked it 26th among U.S. metro areas. It's projected to grow 3.6 percent this year and 4.8 percent in 2017.
Indiana and the nation need to rethink their economic development strategies, which are excessively focused on trying to land large factories—an increasingly difficult task, the report found.
REI Investments, the Carmel-based developer who had been under contract to redevelop about half of the site into a $30 million concert venue, has mutually agreed with owner RACER Trust to terminate the plan.
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
The Indianapolis-based firm, which connects client companies to freelancers, inked an incentive deal with the Indiana Economic Development Corp. that will provide up to $2.8 million in tax credits.
Merchandise Warehouse said it will build a 90,000-square-foot, 50-foot-tall addition to its food-grade facility at 1414 S. West St.—a move that will boost its capacity by 25 percent.
Spartan Fleet Vehicles and Services announced the plans Tuesday to invest $10.9 million to increase production of walk-in vans, parcel delivery vans, truck bodies and other items.
Mark Lawrance spent 14 years at the Indiana Chamber of Commerce before heading to the Indiana University Public Policy Institute two years ago. Now he’s back at the Chamber in a new role.
The mayor of Franklin wants more entrepreneurs and small, local business owners operating their businesses out of the downtown area near coffee shops and restaurants within walking distance of their offices.
A similar measure was vetoed by former Mayor Greg Ballard last year, but this one is likely to stick.
Among 12 Midwestern states, Indiana ranked No. 2 in both workforce quality and living environment, and No. 3 in taxation and regulations—good for a No. 1 ranking overall in the region.
The drop comes in the face of a tough new accounting rule that will force governments to release more information about the deals and a presidential campaign that has both sides criticizing “crony capitalism.”
Mike Dellinger has been named executive director of the Morgan County Economic Development Corp.
The brewery is embarking on a project that will enable it to nearly double production and begin distributing throughout Indiana.
SerVaas Laboratories Inc. and a related firm have applied for tax breaks on $3.6 million in investment on the expansion and new equipment.
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
The company and university will develop and operate research centers in the areas of advanced thermal management systems and compressor systems.
A top watchdog group placed the state among four that received perfect scores for online access to financial data.
